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Make UPI payments through Credit Cards - Airtel

recurring-deposit-image
Jul 27, 2024
15 Mins

Exploring the Convenience of UPI Payments with Credit Cards

In the evolving world of digital payments, the integration of credit cards with Unified Payments Interface (UPI) has been a significant advancement. This innovation allows consumers to make UPI payments directly from their credit cards, adding a layer of flexibility and benefits to the digital payment ecosystem.

Can I Use a Credit Card for UPI Payment?**

Yes, using a credit card for UPI payments has become possible. This feature is currently available with a limited number of card issuers and banks. Users are advised to verify if their credit card supports this feature before proceeding.

How to Link Credit Card to UPI

Linking a credit card to UPI involves a few simple steps:

1. Open your UPI-enabled app, such as the Airtel Thanks app.

2. Navigate to 'Add Payment Method' and select the option to add a credit card.

3. Enter your credit card details including the number, expiry date, and CVV.

4. Complete the authentication process, usually through an OTP sent to your registered mobile number.

5. Set up a UPI PIN for your credit card, if required.

Once linked, the credit card can be used for UPI transactions just as you would use a debit card or any linked bank account.

How to Make UPI Payment Using Credit Card

To make a payment using your linked credit card:

1. At the payment checkout, select UPI as the payment method.

2. Enter the UPI ID associated with your credit card.

3. Approve the transaction in your UPI app by entering your UPI PIN.

It’s important to remember that since the transaction is made via a credit card, standard interest rates and credit card charges apply if the amount is not paid off on time.

Advantages of Using Credit Card for UPI Payments

- Credit Period: Benefit from the credit period offered by your card, aiding in better cash flow management.

- Earn Rewards: Utilize your credit card’s rewards program even on UPI transactions.

- Enhanced Convenience: Manage all your payments from a single interface, streamlining your financial transactions.

This feature not only enhances the utility of credit cards but also enriches the UPI platform by integrating more financial services. Whether you are paying bills, shopping online, or transferring money, using your credit card with UPI can be a smarter way to manage your finances effectively.

With institutions like Airtel partnering with Axis Bank, they have introduced products like the Airtel Axis Bank Credit Card, which offers additional benefits like cash backs on bill payments and other transactions made through the Airtel Thanks app. Users can enjoy substantial annual savings and cash back offers, making this feature a valuable addition to your financial toolkit.

As digital payments continue to grow, the integration of such features is expected to further drive the convenience and adoption of UPI payments across different user segments.

Available on both IOS and AndroidTry Pluto Money Today 👇
Author
Team Pluto
Have a question?
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Want to Achieve any of the below Goals upto 80% faster?Trusted by 3 Crore+ Indians
Dream Home
Dream Wedding
Dream Car
Retirement
1st Crore
credit-cards

Make UPI payments through Credit Cards - Airtel

recurring-deposit-image
Jul 27, 2024
15 Mins

Exploring the Convenience of UPI Payments with Credit Cards

In the evolving world of digital payments, the integration of credit cards with Unified Payments Interface (UPI) has been a significant advancement. This innovation allows consumers to make UPI payments directly from their credit cards, adding a layer of flexibility and benefits to the digital payment ecosystem.

Can I Use a Credit Card for UPI Payment?**

Yes, using a credit card for UPI payments has become possible. This feature is currently available with a limited number of card issuers and banks. Users are advised to verify if their credit card supports this feature before proceeding.

How to Link Credit Card to UPI

Linking a credit card to UPI involves a few simple steps:

1. Open your UPI-enabled app, such as the Airtel Thanks app.

2. Navigate to 'Add Payment Method' and select the option to add a credit card.

3. Enter your credit card details including the number, expiry date, and CVV.

4. Complete the authentication process, usually through an OTP sent to your registered mobile number.

5. Set up a UPI PIN for your credit card, if required.

Once linked, the credit card can be used for UPI transactions just as you would use a debit card or any linked bank account.

How to Make UPI Payment Using Credit Card

To make a payment using your linked credit card:

1. At the payment checkout, select UPI as the payment method.

2. Enter the UPI ID associated with your credit card.

3. Approve the transaction in your UPI app by entering your UPI PIN.

It’s important to remember that since the transaction is made via a credit card, standard interest rates and credit card charges apply if the amount is not paid off on time.

Advantages of Using Credit Card for UPI Payments

- Credit Period: Benefit from the credit period offered by your card, aiding in better cash flow management.

- Earn Rewards: Utilize your credit card’s rewards program even on UPI transactions.

- Enhanced Convenience: Manage all your payments from a single interface, streamlining your financial transactions.

This feature not only enhances the utility of credit cards but also enriches the UPI platform by integrating more financial services. Whether you are paying bills, shopping online, or transferring money, using your credit card with UPI can be a smarter way to manage your finances effectively.

With institutions like Airtel partnering with Axis Bank, they have introduced products like the Airtel Axis Bank Credit Card, which offers additional benefits like cash backs on bill payments and other transactions made through the Airtel Thanks app. Users can enjoy substantial annual savings and cash back offers, making this feature a valuable addition to your financial toolkit.

As digital payments continue to grow, the integration of such features is expected to further drive the convenience and adoption of UPI payments across different user segments.

Available on both IOS and AndroidTry Pluto Money Today 👇
Author
Team Pluto
Have a question?
Digital GoldInvest in 24K Gold with Zero making ChargesLearn More
Digital SilverInvest in silver with Zero making ChargesLearn More
Pluto FixedEarn from 11% to 14% Returns annually in a fixed lock-in periodLearn More